Lucidum Finance gets CBN’s Approval-In-Principle

has obtained approval in principle from the Central Bank of Nigeria to begin the process of setting up operations as a full-fledged finance company.

By fulfilling the requirements of the CBN Revised Guidelines for Finance Companies in Nigeria, the promoters of Lucidum Finance have now received the apex bank’s nod to proceed with the incorporation of the company and approval for its pioneer Board of Directors. The pioneer board of Lucidum Finance as approved by the banking industry regulator will comprise of five accomplished professionals, with a combined wealth of experience of over 120 years.

An Honorary Member of the Chartered Institute of Bankers Nigeria , Lekan holds a first-class honours degree in economics, a master’s degree in economics, and a master’s degree in Money, Banking & Finance. He is a British Chevening Scholar , and also the winner of the Chancellor’s Prize as the best all-around graduating student at the Olabisi Onabanjo University, Ogun State .

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